Pricing of membership site

Sara Young · 07-26-2009, 07:53 AM

What is a good way to determine the pricing for a membership site?

There are no other similar sites in the niche to compare to.

I have a large list of potential customers, so I could survey them, but I am not sure what to ask. Asking 'how much would you pay for this' might not give me the best result.

Does anyone know what works?

Regional Warrior · 07-26-2009, 07:59 AM

Sara

Depending on what you offer your members the going rate is $27USD this gives you norm a newsletter once a week and a special sometimes every couple of months,not knowing the niche it is a bit hard but $27 is what I pay Chris Farrell.......

Sara Young · 07-26-2009, 08:08 AM

Thanks. What if I also want to offer a support forum?

TyBrown · 07-26-2009, 08:17 AM

It depends on the potential value you are offering.

Softer topics like how to improve something are typically going to be a lower price.

Harder topics like how to make money will go for a higher price.

I have one that is $19.97 a month, one that is $37 a month, and a few that are $47 a month.

I've belonged to some that are $97 a month and know there are some that are hundreds a month.

Sara Young · 07-26-2009, 10:08 AM

Ok. Mine's a softer topic. Are the $37-$47 softer topics too?

TheNightOwl · 07-26-2009, 10:55 AM

Paul Hancox recently wrote a great report:

Pricing For Big Profits - Special Report by Paul Hancox

Enjoy!

TheNightOwl

P.S. Not an affiliate link

macD231 · 07-26-2009, 02:53 PM

Price will be determine on the basis of your product value or one the usefulness of your service or information. If information is very much useful than it do not deserve to be low priced. You need to determine in this way.

callseller · 07-26-2009, 07:44 PM

I paid $47 for for a membership that was good and I pay $27 for a membership that is tremendous.

Mr McDonald · 07-26-2009, 07:48 PM

I have had a lot of luck with $37 lifetime membership price.

mmancha · 07-27-2009, 12:26 PM

I don't know if it will help any to tell you how much I pay to membership sites, but just in case I pay 47.00 to one and 30.00 to another. Both are tremendous sites and extremely useful.
The $30 site, I got in on a "limited time only discount" The regular price being 47.00. Kknowing what is in it and how much I use it, I'd gladly pay the 47.00. I was on a waiting list to get in, so that might be something you want to consider doing. It made me want to get in more because I had to wait for an opening. You could get people to wait in line for your membership to open. If they really wanted in they'd pounce on your limited time only discount offer.

StevieHawk · 07-27-2009, 12:30 PM

The key seems to be throwing the magic seven in there. It really depends on the level of service you offer, the level of ongoing support and updates they receive.

There is a lot of good advice above already but I would like to add that it is best to start of too low than too high. You don't want people already signed up complaining about you charging new people less. You could set even lower prices for the first 100 people to join to help promote it.

07-26-2009, 07:53 AM	#1
Sara Young Advanced Warrior War Room Member Join Date: Jul 2009 Posts: 729 Thanks: 380 Thanked 175 Times in 86 Posts Contact Info	Pricing of membership site What is a good way to determine the pricing for a membership site? There are no other similar sites in the niche to compare to. I have a large list of potential customers, so I could survey them, but I am not sure what to ask. Asking 'how much would you pay for this' might not give me the best result. Does anyone know what works?

07-26-2009, 07:59 AM	#2
Regional Warrior Advanced Warrior War Room Member Join Date: May 2009 Location: QLD Australia Posts: 606 Thanks: 810 Thanked 118 Times in 93 Posts Contact Info	Re: Pricing of membership site Sara Depending on what you offer your members the going rate is $27USD this gives you norm a newsletter once a week and a special sometimes every couple of months,not knowing the niche it is a bit hard but $27 is what I pay Chris Farrell.......
	THE CASH IS IN THE COW?

07-26-2009, 08:08 AM	#3
Sara Young Advanced Warrior War Room Member Join Date: Jul 2009 Posts: 729 Thanks: 380 Thanked 175 Times in 86 Posts Contact Info	Re: Pricing of membership site Thanks. What if I also want to offer a support forum?

07-26-2009, 08:17 AM	#4
TyBrown HyperActive Warrior War Room Member Join Date: Jul 2009 Location: SLC, Utah Posts: 301 Thanks: 74 Thanked 30 Times in 26 Posts Social Networking	Re: Pricing of membership site It depends on the potential value you are offering. Softer topics like how to improve something are typically going to be a lower price. Harder topics like how to make money will go for a higher price. I have one that is $19.97 a month, one that is $37 a month, and a few that are $47 a month. I've belonged to some that are $97 a month and know there are some that are hundreds a month.

07-26-2009, 10:08 AM	#5
Sara Young Advanced Warrior War Room Member Join Date: Jul 2009 Posts: 729 Thanks: 380 Thanked 175 Times in 86 Posts Contact Info	Re: Pricing of membership site Ok. Mine's a softer topic. Are the $37-$47 softer topics too?

07-26-2009, 10:55 AM	#6
TheNightOwl Gatchaman fan War Room Member Join Date: Sep 2008 Posts: 515 Blog Entries: 1 Thanks: 211 Thanked 88 Times in 53 Posts	Re: Pricing of membership site Paul Hancox recently wrote a great report: Pricing For Big Profits - Special Report by Paul Hancox Enjoy! TheNightOwl P.S. Not an affiliate link
	Thank you to everyone who contributed to the Global Giving Japanese Earthquake and Tsunami Relief Fund. I have friends in Japan, none of whom -- fortunately -- were affected. But lots of people are still doing it tough. So, thank you on their behalf. Who is Gatchaman?

07-26-2009, 02:53 PM	#7
macD231 Active Warrior Join Date: Jun 2009 Posts: 40 Thanks: 0 Thanked 1 Time in 1 Post	Re: Pricing of membership site Price will be determine on the basis of your product value or one the usefulness of your service or information. If information is very much useful than it do not deserve to be low priced. You need to determine in this way.

07-26-2009, 07:44 PM	#8
callseller Active Warrior War Room Member Join Date: Sep 2006 Location: Atlanta, GA , USA. Posts: 37 Thanks: 4 Thanked 4 Times in 4 Posts	Re: Pricing of membership site I paid $47 for for a membership that was good and I pay $27 for a membership that is tremendous.

07-26-2009, 07:48 PM	#9
Mr McDonald My Friends Call Me Gavin Join Date: Apr 2009 Location: Scotland Posts: 312 Thanks: 3 Thanked 21 Times in 18 Posts Social Networking	Re: Pricing of membership site I have had a lot of luck with $37 lifetime membership price.
	This is A Little Weird But It Will Get You A Flood Of Targeted Free Traffic On Autopilot.

07-27-2009, 12:26 PM	#10
mmancha Active Warrior War Room Member Join Date: Jun 2009 Location: California Posts: 80 Thanks: 97 Thanked 7 Times in 7 Posts	Re: Pricing of membership site I don't know if it will help any to tell you how much I pay to membership sites, but just in case I pay 47.00 to one and 30.00 to another. Both are tremendous sites and extremely useful. The $30 site, I got in on a "limited time only discount" The regular price being 47.00. Kknowing what is in it and how much I use it, I'd gladly pay the 47.00. I was on a waiting list to get in, so that might be something you want to consider doing. It made me want to get in more because I had to wait for an opening. You could get people to wait in line for your membership to open. If they really wanted in they'd pounce on your limited time only discount offer.

07-27-2009, 12:30 PM	#11
StevieHawk Active Warrior Join Date: Apr 2009 Location: Northern Ireland Posts: 62 Thanks: 10 Thanked 6 Times in 6 Posts Social Networking	Re: Pricing of membership site The key seems to be throwing the magic seven in there. It really depends on the level of service you offer, the level of ongoing support and updates they receive. There is a lot of good advice above already but I would like to add that it is best to start of too low than too high. You don't want people already signed up complaining about you charging new people less. You could set even lower prices for the first 100 people to join to help promote it.
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